American Casino & Entertainment Properties
American Casino & Entertainment Properties (ACEP) owned and operated 4 casinos. It was purchased by Golden Entertainment in October 2017 for $850 million. ACEP was a casino holding company headquartered at the Stratosphere Las Vegas. ACEP was a wholly owned subsidiary of American Real Estate Partners before it was sold to Whitehall Street Real Estate Funds, an investment arm of Goldman Sachs, in February 2008. The company owned the following 4 casinos: Aquarius Casino Resort, Arizona Charlie's Decatur, Arizona Charlie's Boulder and Stratosphere Las Vegas. Golden Entertainment acquired ACEP from Whitehall.
Stratosphere Las Vegas in 2007 | |
| Company type | Public |
|---|---|
| Industry | Gaming |
| Founded | December 29, 2003 |
| Defunct | October 2, 2017 |
| Successor | Golden Entertainment |
| Headquarters | Las Vegas, Nevada , United States |
Number of locations | 4 |
Area served | Global |
| Products | Casinos, Resorts |
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